258 result(s) for minimum wage
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Prices Of Bread Could Increase By Fall
- 23 Aug 2016 9:00 AM
- shopping
Prices of bread could increase by fall due to labor shortages, the Hungarian Bakers Association announced, according to the local daily, Népszabadság.
Xpat Opinion: Ferenc Gyurcsány: “Disintegration Or Something Else?”
- 24 Jun 2016 9:00 AM
- current affairs
As always, Hungarian Spectrum welcomes democratic voices from and about Hungary. Today Ferenc Gyurcsány, prime minister of Hungary between 2004 and 2009, offers his solutions to the ills of western democracies. Mr. Gyurcsány is currently the chairman of Demokratikus Koalíció, which he established in 2011.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Prices Of Bread Could Increase By Fall
- 23 Aug 2016 9:00 AM
- shopping
Prices of bread could increase by fall due to labor shortages, the Hungarian Bakers Association announced, according to the local daily, Népszabadság.
Xpat Opinion: Ferenc Gyurcsány: “Disintegration Or Something Else?”
- 24 Jun 2016 9:00 AM
- current affairs
As always, Hungarian Spectrum welcomes democratic voices from and about Hungary. Today Ferenc Gyurcsány, prime minister of Hungary between 2004 and 2009, offers his solutions to the ills of western democracies. Mr. Gyurcsány is currently the chairman of Demokratikus Koalíció, which he established in 2011.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.